Summary
- The U.S. said its March Consumer Price Index (CPI) rose 3.3%% from a year earlier, below the market forecast of 3.4%%.
- March CPI rose 0.9%% from the previous month, indicating prices continued to climb.
- The core CPI, which excludes food and energy, rose 2.6%% from a year earlier, below economists' estimate of 2.7%%.
Forecast Trend Report by Period
U.S. consumer prices rose less than expected in March.
The Bureau of Labor Statistics, part of the Labor Department, said on April 10 that the consumer price index increased 3.3% from a year earlier in March. That was 0.1 percentage point below the 3.4% estimate compiled by Dow Jones. On a monthly basis, the index rose 0.9%.
Core CPI, which excludes volatile food and energy prices, rose 2.6% from a year earlier. That also undershot economists' forecast of 2.7%.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
